opakunbi ayokunle
3 min readJan 31, 2022

MOVIEBIZ COIN: PINCH OF SALT ABOUT IT.

MovieBiz Coin is a platform developed for aspiring creative minds to help fund their creative contents and also creating a marketplace to exhibit their excellent contents, and at the same time help them to be well known in internationally.

Before MovieBizCoin, the main investors in the industry were people/players from the movie world but that no longer applies because MovieBiz has created a platform based on blockchain technolog where anyone can invest in movies by simply purchasing the ecosystem token and using them to invest in any movie you might think is a profit-making one.

The most wonderful and outstanding thing about MovieBiz platform is that it offers multiple highly attractive film investments on a single platform especially for those individuals who would not normally have the opportunity to invest in the movie industry.

The main objective of MovieBiz Coin is to render help to the production of creative contents in the form of movies that will inspire and, help creative minds in the movie industries to be well established.

MovieBiz can only achieve this main objective my making use of a modern and advanced technology such as crypto and blockchain that will be decentralized thereby making all activities on MovieBiz platform to be transparent, reliable, swift, secured and also easy to use for investors.

The use of blockchain on this platform will provide investors, actors, and directors the access to fundraising for movies in the most decentralized way by changing the way the movie industry works and makes it possible for anyone to invest and make profits by investing in movies.

WHAT IS MOVIEBIZCOIN ($MBZ) TOKEN

In the MovieBiz Coin ecosystem the major component is the $MBZ token, which is the native cryptocurrency that fuels the ecosystem.

$MBZ is a utility token with many functions within its ecosystem which includes fundraising for films, purchasing of cinema tickets and also users will also be able to stake $MBZ once the option is provided.

TOKENOMICS

$MBZ has a total supply is 410 million in which 35% (143.5 Million $MBZ) will be allocated to pool and staking rewards, another 35% (143.5 Million $MBZ) for token sales, 7% (28.7 Million $MBZ) for remuneration for the team to initiate development, 3% (12.3 Million $MBZ) for advisors and deep expertise and lastly, 20% (82 Million $MBZ) for development and marketing.

THE FUNCTIONS OF $MBZ
The funtions or utilities of $MBZ includes;
1. Buying Movie Tickets
2. Governance
3. Providing Liquidity
4. Fundraising for Films
5. Staking (soon to be incorporated into the platform)

In conclusion, MovieBizCoin is a decentralized platform that helps independent filmmakers with unique, compelling, and powerful stories as well as make films that contribute to society generate income and also also create a marketplace where all these contents are showcased instantly to a trusted global community of buyers.

To learn more about MovieBiz Coin, visit;
https://www.moviebizcoin.com/

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